Firm Contact and Position in Firm

Corporate Fact Find

Firm Name

Firm Contact and Position in Firm

Date of Meeting

Date of Meeting / Date SCDD Given / SCDD Ref Number

Fact Find completed by

Adviser name / Date

Address

Trading Address of Business / Registered Address of Business

Business Details

Company Type / Ltd Co / Sole Proprietorship / Partnership
Accounting Year End
Date of Last Accounts
Date Business Commenced
No. of Employees
No. of Directors
Registered for VAT? / Yes / No
Company Registration number
Nature of Business

Directors, Principals & Shareholders

Name / Shareholding % / Salary, bonus, dividends / Role

What, if any, fundamental changes are expected in the status of the business in the short-term (e.g. becoming limited, change of directors/partners, market flotation)?

Profits / Turnover

In the last three years what was the;

Year ending
Annual Turnover / £ / £ / £
Gross profit/loss / £ / £ / £
Net profit/loss / £ / £ / £

Shares

Issued Share Capital / £ / £
(estimated value)
No. of Shares
Shareholders Agreement? / YES / NO

What is the estimated open market value of the business?

Assets

Property

Property Type / Warehouse / factory / office / shop
Is the property owned by the business? / Yes/No
If yes, approximate value £
Is the property owned by a related SIPP? / Yes / No
SIPP Policyholders Names (if applicable)
Is the property leased by the business? / Yes/No – If yes, annual cost £

Liabilities

Type
(overdraft, loan, mortage, etc) / Outstanding balance / Term remaining / Start date / Lender / O/D limit if applicable / Repayment basis

Existing Arrangements

Directors / Partners Protection

e.g. Individual Life Cover, Critical Illness Cover, Income Protection

Life Assured / Type of Cover / Provider / Sum Assured / Monthly Premium / End Date / In Trust?
Notes

Business Protection

e.g. Keyperson, Shareholder / Partnership Protection

Life Assured / Type of Cover / Provider / Sum Assured / Monthly Premium / End Date / In Trust?
Notes

Existing Employee Benefit Schemes

E.g. Group Personal Pension / Group PHI / Group PMI / Group DIS / Group CIC

Type of Cover / Provider / Scheme Ref / Date Started / No. of members / Renewal Date
Notes

Other Insurances e.g. Building & Contents, Professional Indemnity Insurance, Public Liability and Employer’s Liability

Provider / Cover Type / Sum Assured / Premium

Business Liquidity & Budget

The first principle of business financial planning is to ensure that sufficient funds are available at short notice for emergencies. It is also important any financial commitment can be afforded and maintained.

Discussion around liquidity / budget

Business Liquidity / Monthly Affordable Budget agreed
£

What are the current priorities of the business?

(Please enter a “yes” or “no” to indicate which of the following apply to this firm)

1. Directors/Partners Protection

Priority
Death in Service
(Relevant Life Plan) / Yes / No
Critical Illness Cover / Yes / No
Income Protection / Yes / No

Where a Directors / Partners Protection need is identified please complete the appropriate supplementary pages.

1. Business Protection

Priority
Key Person Protection / Yes / No
Shareholder/Partnership Protection / Yes / No
Business Loan Cover / Yes / No

Where a Business Protection need is identified please complete the appropriate supplementary pages.

Notes in relation to non-priority areas

1. Employee Benefits

Priority
Group Pension / Yes / No
Group Death In Service / Yes / No
Group Income Protection / Yes / No
Group Critical Illness / Yes / No
Group PMI / Yes / No

Where an Employee Benefits need is identified please complete the appropriate supplementary pages.

Autoenrolment – Currently all firms with more than 250 members are required to have a pension scheme to which some employees are auto enrolled.

Does this apply to this firm? YES / NO

If yes, please provide details of existing provision:

Business and Professional Advisers

You may find that you will need to liaise with the firm’s other professional advisers to establish certain facts, or to be provided with specific financial information. This could include accountants, solicitors, corporate lawyers etc. Use this space to record theses contacts where necessary.
Name / Professional Capacity
Contact Details
Name / Professional Capacity
Contact Details
Name / Professional Capacity
Contact Details

Directors home address (if required)

Additional Information

If there are any other facts that need to be considered, please use this area to provide a clear explanation.

Alternatively, use this area to make notes, or to provide greater clarity on the situation you are addressing.

Declaration

PLEASE READ AND CHECK THIS BEFORE SIGNING

Please check the information that has been recorded in this review and confirm that all information is correct by signing below.

I understand that the recommendations will be solely on the information given in this review.

Business name

Name/s

Capacity

Authorised Signature

Date

1